Metso Paper

Type
Internal restructuring
Country
European Union
Region
Location of affected unit(s)
Finland, Sweden
Sector
Manufacturing
(28) Manufacture of machinery and equipment
28 - Manufacture of machinery and equipment n.e.c.
28 - Manufacture of machinery and equipment n.e.c.
300 jobs
Number of planned job losses
Job loss
Announcement Date
27 May 2003
Employment effect (start)
Foreseen end date
1 December 2003

Description

Metso Corporation (fiber and paper technology business) plans to improve its operational efficiency by reducing the number of its personnel in Finland and Sweden by approximately 300 jobs by the end of 2003.

Sources

  • 27 May 2003: Dagens Nyheter
  • 27 May 2003: Press Release made by Metso Paper (www.metsopaper.com)

Citation

Eurofound (2003), Metso Paper, Internal restructuring in European Union, factsheet number 59426, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59426.